Postal financial inclusion is
enjoying a boom phase. After banks, postal operators and their postal financial
subsidiaries are the world's second biggest contributor to financial inclusion.
Today, one billion people use the postal sector for savings and deposit accounts, and more than 1.5 billion profit from basic transactional services through the Post. In India alone, 30 million new postal savings accounts were opened in 2012.
Postal networks have much to offer
for financial inclusion
Donors and policymakers are starting
to realize the potential of postal financial services, and the role that Posts
can play in increasing financial inclusion. Following the example of the Bill
& Melinda Gates Foundation, which has shown its commitment to postal
financial inclusion, several donors are now focusing their efforts on
leveraging postal networks for financial inclusion.
The UPU, jointly with the Swiss
Federal Department of Foreign Affairs and the International Organization of La
Francophonie, has established this forum as a platform for dialogue on postal
financial inclusion between governments, postal operators, central banks,
private sector players and international organizations.
The Forum's objectives are
to:
- Raise awareness on the role of Posts in financial inclusion
- Bring together decision-makers to exchange best practices in the area of postal financial inclusion
- Provide a forum for discussion between central banks and postal operators
For more details visit UPU web
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